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Saturday, November 16, 2024

Montgomery County responsible for 42nd-highest sales tax revenue in Illinois during May

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Montgomery County taxpayers paid the 42nd largest sum in sales taxes in May, according to Illinois tax records.

In total, Montgomery County residents paid $408,395 in sales taxes during May.

Montgomery County ranked 44th in the Prairie State the month before, with $411,648 spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Montgomery County residents in May.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 39.83% higher than the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

Composition of Sales Tax Revenue in Montgomery County in May
County School Facility Tax [71.9%]Countywide Sales Tax [21.7%]County Sales Tax [6.4%]

Sales Taxes Collected in Montgomery County in May
Type of TaxAmount Collected in Month% Change From Previous Month
County School Facility Tax$293,7712
Countywide Sales Tax$88,606-5.4
County Sales Tax$26,018-13.2

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